Jan 23

Thai Corporate Tax Reduced

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Good news to those who are doing business in Thailand and those who are planning to set up a business in the Kingdom. The current administration has approved corporate tax reduction from the usual 30% rate to 23 % effective next year, 2012. Another reduction is to be implemented the following year, 2013 bringing the corporate tax rate to 20%. The corporate tax reduction scheme proposed by Ministry of Finance is aimed at encouraging more direct investments by foreign investors into Thailand.

For more information with regard to starting a business in Thailand, feel free to contact us any time by email, live chat, phone or personal visit at any of our offices in Thailand.



George has been working as a Client Services Specialist/Consultant/Marketing Officer for international law firms in Thailand since 2007. His interests include uncovering the intricacies of Thai Immigration Laws, Thai Real Estate or Conveyancing laws in Thailand, Setting up a business in Thailand and among other legal issues and concerns besetting expatriates in Thailand. He works mainly with G.A.M. Legal Alliance's Thai lawyers assisting them with research and efficient communication with the firm's foreign clients.